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Author : Rochelle Lessner
Publisher :
ISBN 13 :
Total Pages : 404 pages
Book Rating : 4.92/5 ( download)
Download or read book The Translog Production Model written by Rochelle Lessner and published by . This book was released on 1982 with total page 404 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Charles Britt Moss
Publisher : World Scientific
ISBN 13 : 9811241279
Total Pages : 576 pages
Book Rating : 4.77/5 ( download)
Download or read book Production Economics: An Empirical Approach written by Charles Britt Moss and published by World Scientific. This book was released on 2022-02-25 with total page 576 pages. Available in PDF, EPUB and Kindle. Book excerpt: Production economics is that branch of microeconomics that examines producer decisions. This book focuses on the empirical estimation of these relationships using primal, dual, and differential specifications. The primal specification models production decisions based on the production function — estimation of the input/output relationship and the derivation of optimization behavior from this technical relationship. The dual approach estimates production decisions using economic information such as input and output prices. The textbook then develops the linkages between these relationships. The differential specification is an alternative approach derived from changes in the first-order conditions from cost minimizing behavior. In each case, the theoretical development is followed by different empirical specifications that can be used to estimate the producer's choice.
Author : David F. Heathfield
Publisher :
ISBN 13 : 9780391035072
Total Pages : 0 pages
Book Rating : 4.7X/5 ( download)
Download or read book An Introduction to Cost and Production Functions written by David F. Heathfield and published by . This book was released on 1987 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Subal C. Kumbhakar
Publisher : Cambridge University Press
ISBN 13 : 1316194493
Total Pages : 375 pages
Book Rating : 4.92/5 ( download)
Download or read book A Practitioner's Guide to Stochastic Frontier Analysis Using Stata written by Subal C. Kumbhakar and published by Cambridge University Press. This book was released on 2015-01-26 with total page 375 pages. Available in PDF, EPUB and Kindle. Book excerpt: A Practitioner's Guide to Stochastic Frontier Analysis Using Stata provides practitioners in academia and industry with a step-by-step guide on how to conduct efficiency analysis using the stochastic frontier approach. The authors explain in detail how to estimate production, cost, and profit efficiency and introduce the basic theory of each model in an accessible way, using empirical examples that demonstrate the interpretation and application of models. This book also provides computer code, allowing users to apply the models in their own work, and incorporates the most recent stochastic frontier models developed in academic literature. Such recent developments include models of heteroscedasticity and exogenous determinants of inefficiency, scaling models, panel models with time-varying inefficiency, growth models, and panel models that separate firm effects and persistent and transient inefficiency. Immensely helpful to applied researchers, this book bridges the chasm between theory and practice, expanding the range of applications in which production frontier analysis may be implemented.
Author : S. Nakamura
Publisher : Springer Science & Business Media
ISBN 13 : 3642464866
Total Pages : 307 pages
Book Rating : 4.67/5 ( download)
Download or read book An Inter-Industry Translog Model of Prices and Technical Change for the West German Economy written by S. Nakamura and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 307 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Vladik Kreinovich
Publisher : Springer
ISBN 13 : 3319709429
Total Pages : 780 pages
Book Rating : 4.20/5 ( download)
Download or read book Predictive Econometrics and Big Data written by Vladik Kreinovich and published by Springer. This book was released on 2017-11-30 with total page 780 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book presents recent research on predictive econometrics and big data. Gathering edited papers presented at the 11th International Conference of the Thailand Econometric Society (TES2018), held in Chiang Mai, Thailand, on January 10-12, 2018, its main focus is on predictive techniques – which directly aim at predicting economic phenomena; and big data techniques – which enable us to handle the enormous amounts of data generated by modern computers in a reasonable time. The book also discusses the applications of more traditional statistical techniques to econometric problems. Econometrics is a branch of economics that employs mathematical (especially statistical) methods to analyze economic systems, to forecast economic and financial dynamics, and to develop strategies for achieving desirable economic performance. It is therefore important to develop data processing techniques that explicitly focus on prediction. The more data we have, the better our predictions will be. As such, these techniques are essential to our ability to process huge amounts of available data.
Author : Dale Weldeau Jorgenson
Publisher : MIT Press
ISBN 13 : 9780262100823
Total Pages : 594 pages
Book Rating : 4.27/5 ( download)
Download or read book Econometrics: Econometric modeling of producer behavior written by Dale Weldeau Jorgenson and published by MIT Press. This book was released on 2000 with total page 594 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume summarizes the economic theory, the econometric methodology and the empirical findings resulting from the new approach to econometric modelling of producer behaviour.
Author : Paul Joseph Driscoll
Publisher :
ISBN 13 :
Total Pages : 462 pages
Book Rating : 4.86/5 ( download)
Download or read book A Monte Carlo Study of Translog Production and Cost Systems written by Paul Joseph Driscoll and published by . This book was released on 1985 with total page 462 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Nabaz T Khayyat
Publisher : Springer
ISBN 13 : 9401799539
Total Pages : 196 pages
Book Rating : 4.39/5 ( download)
Download or read book Energy Demand in Industry written by Nabaz T Khayyat and published by Springer. This book was released on 2015-08-07 with total page 196 pages. Available in PDF, EPUB and Kindle. Book excerpt: The book presents a stochastic analysis based on production risk and application of this method in the industrial sector under production risk where energy use is an input factor. Using South Korea as a case study, the book empirically models energy demand at the industrial level and analyzes the results to identify key determinants of energy demand, productions level, productions risk and energy usage efficiency. Particular attention is paid to the factors that enhance production risk or increase variations in energy input during production. A dynamic panel model is specified and applied to 25 Korean industrial sectors over the period 1970-2007. The determinants of energy usage are identified and their effects in the form of elasticities of energy usage are estimated. In addition the structural changes in the energy demand pattern are explored. Stochastic production technology is applied to create two primary models: A production model where the energy usage is a determinant of output and an energy demand model based on an inverted factor demand model where demand is a key determinant of the level of energy usage. The findings reveal that: First, there are large variations in the degree of overuse or inefficiency in energy usage among the individual industries and over time; second, ICT (information and communication technology) capital and labor are substituting energy; third, ICT capital and value added services are two input factors decreasing the variability of energy demand while non-ICT capital, material and labor are increasing the variability of energy demand. Finally, the results suggest that technical progress contributes more to the increase of mean of energy demand than to the reduction of the level of risk. An emerging recommendation is that industries increase the level of ICT capital and digitalization and invest more in R&D activities and value added services to reduce the uncertainty related to their demand for energy. This study forms the structure of the demand for energy under stochastic production risk for the South Korean industrial sector. Public research programs aimed at the industrial sector should be concerned about both mean and risk properties in research on new technologies and in the investigation of possible alternative energy inputs. This book describes the state of the art in energy usage analysis and production risk, applying factor requirement methodology. It will be of use as a main or supplementary text in the teaching of advanced graduate courses but also as a reference for those working on empirically advanced research. The book is an important addition to the existing literature on industrial development, with its focus on energy as a core production input.
Author : Ali Dogramaci
Publisher : Springer Science & Business Media
ISBN 13 : 9400932537
Total Pages : 278 pages
Book Rating : 4.31/5 ( download)
Download or read book Applications of Modern Production Theory written by Ali Dogramaci and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 278 pages. Available in PDF, EPUB and Kindle. Book excerpt:
